Twitter Creator Launches ‘Square’
Twitter co-founder Jack Dorsey announced his new company on Tuesday in appropriate fashion: with a tweet on the network he created in 2006. His new company, Square, allows merchants and individuals accept secure payment from credit (and other) cards using a mobile phone.
![[IMG]](proxy.php?image=http%3A%2F%2Fimg51.imageshack.us%2Fimg51%2F9518%2Fsquare660x317.jpg&hash=8d045212f2001423aa749661c0723845)
The basic idea behind Square is that everyone has this little plastic device in their pocket today, which is a payment card, credit card, debit card or pre-paid card, and they’re using them everywhere, they’re using them to buy anything.
Now Paypal has a competitor, what do you think?
The basic idea behind Square is that everyone has this little plastic device in their pocket today, which is a payment card, credit card, debit card or pre-paid card, and they’re using them everywhere, they’re using them to buy anything.
Now Paypal has a competitor, what do you think?
Replies
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Kaustubh KatdarePaypal's got many compititors already. Let's hope Square offers few exciting, user friendly features 😀 -
sarveshguptaYa Biggie you are right... But there is another addition to that list and Square surely has to do a lot to stand in the market
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